Hess Corporation (NYSE:HES) traded at a new 52-week high today of $121.77. Approximately 636,000 shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares.
Hess Corp is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2021, the company reported net proved reserves as 26% of crude oil reserves and 36% of natural gas. Net worldwide sales volume averaged 326 thousand barrels of oil equivalent per day in 2021.
Hess Corporation (NYSE:HES) is currently priced 23.3% above its average consensus analyst price target of $92.67.
Hess Corporation share prices have moved between a 52-week high of $121.77 and a 52-week low of $61.93 and are now trading 95% above that low price at $120.78 per share.
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